On the Theory of Business-Cycle Control


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(1938Econometrica.pdf, 0.4MB)

The present study consists of two kinds of approach: (1) a statistical research into the chief dynamic equations describing American business cycles between 1920 and 1932 and (2) a number of more general methodological remarks on this type of research with particular attention to problems of policy. In order to simplify exposition in many points, it seemed desirable to exemplify the general thought immediately; and for this reason the two approaches are more or less mixed.



Keywords


Automatically Extracted Terms
  • equation
  • movement
  • value
  • period
  • variable
  • system
  • business-cycle
  • equilibrium
  • coefficient
  • theory
  • figure
  • development
  • example
  • deviation
  • cycle
  • structure
  • simplification
  • policy
  • change
  • time structure